Accountancy/Finance Why Choose Accountancy/Finance? Finance is becoming an increasingly complex and critical area in the overall management of all types of institutions - business and others - as well as individuals. The dual major of Accountancy and Finance provides students with an understanding of financial definitions, concepts, and relationships coupled with knowledge of the major concepts and practices of accounting. This unique combination of skills prepares students for a wide array of careers in accounting and finance positions in industry, government, or not-for-profit agencies, and enhances opportunities for career advancement. Career Opportunities Graduates of this dual major possess an excellent foundation for future growth and career development. They're highly marketable and in high demand. Graduates qualify for careers as accountants, financial analysts, credit analysts, stock brokers, real estate agents or brokers, bankers, and financial planners or counselors. They're prepared to assume responsible entrylevel managerial positions in accountancy or finance. Admission Requirements New students: 2.5 high school GPA (on a 4.0 scale) and two of the three following criteria: (1) English ACT score of 16 or higher, or SAT Writing score of 370 or higher; (2) Math ACT score of 19 or higher, or SAT Math score of 460 or higher; (3) Reading ACT score of 19 or higher, or SAT Reading score of 430 or higher. Transfer students: Combined college or university GPA of 2.35 (on a 4.0 scale) from all institutions attended. GPA is based on completion of 12 credit hours or more. Transfer equivalency for FSU's ENGL 150 or placement during the first semester at FSU which would require an ACT English score of 16 or higher; Compass score 70 100. Transfer equivalency for FSU's MATH 115 or placement during the first semester at FSU which would require an ACT Math score of 19 or higher; Compass Algebra score 46-74 and high school Algebra with 2.0. Exceptions for new and transfer students: Applicants not meeting the above criteria but having a 2.35 high school GPA and at least a 16 ACT in Math and Reading and a 13 ACT in ENGLISH (2.00 overall GPA for transfer students) can be considered for conditional admission into a College of Business pre-program. Any mitigating circumstances will be considered on an individual basis by the College of Business dean s office. Pre-program students must complete a minimum of 12 FSU credits (excluding developmental courses) with a 2.35 GPA; courses must include ENGL 150 and MATH 115 before being
considered for admission into their program of choice. Students must meet admission criteria for their chosen degree program by the time they have earned 30 credits. More information: Additional guidance can be found on the College of Business web page under the Admissions tab. General Education Requirements All general University General Education requirements can be found here: http://www.ferris.edu/htmls/academics/gened/courses/gened-bachelor.pdf Please consult this link for a complete listing of General Education Electives: https://wwws.ferris.edu/academics/gened/courses/ Graduation Requirements The Accountancy/Finance program at Ferris leads to a Bachelor of Science degree. Graduation requires a minimum 2.0 GPA in core classes, in the major and overall. More Information Accountancy, Finance, & Info Systems 119 South Street, BUS 212 Big Rapids, MI 49307-2284 231-591-2434 AFIS@ferris.edu The College of Business is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). Next accreditation review is February 2018. http://www.acbsp.org
Required Courses Credit Hours
Major Courses - 21 Credits Required ACCT 310 Intermediate Accounting 1 3 ACCT 312 Intermediate Accounting 2 3 ACCT 321 Cost Accounting 1 3 ACCT 350 Fed Income Tax-Individual 3 ACCT 431 ACCT Systems and Controls 1 3 ACCT 441 Auditing 3 ACCT 450 Federal Income Tax-Corp 3 ACCT 461 Governmental Accounting 3 FINC 300 Mathematics of Finance 3 FINC 312 Financial Markets-Institutions 3 FINC 323 Financial Management 2 3 FINC 375 Fin Analysis & Forecasting 3 FINC 451 Investment Principles 3 FINC 452 Financial Modeling 3 FINC 465 Problems in Finance 3 STQM 322 Inferential Statistics 3 Directed Business Elective (300 level or above) - advisor approval required Directed Business Elective (200 level or above) - advisor approval required 5-6 3 Internship highly recommended (ACCT 491 or FINC 491) - consult with the internship coordinator.
Business Core ACCT 201 Princ. of Financial Accounting 3 ACCT 202 Princ of Managerial Accounting 3 BLAW 321 Contracts and Sales 3 BUSN 499 Integrating Experience 3 FINC 322 Financial Management 1 3 ISYS 321 Business Information Systems 3 MGMT 301 Applied Management 3 MGMT 370 Quality-Operations Mgmt 3 MKTG 321 Principles of Marketing 3 STQM 260 Introduction to Statistics 3 University General Education Requirements The following courses are required as part of the University's General Education Requirements, but they also count toward degree requirements. Communication Competence COMM 121 Fundamentals-Public Speaking 3 ENGL 150 English 1 3 ENGL 250 English 2 3 ENGL 325 Advanced Business Writing 3
Scientific Understanding Lab Science Elective 3-4 Science Elective 3 Quantitative Skills MATH 114 OR Quantitative Reason for Pro 2 4 MATH 115 Intermediate Algebra 3 MATH 122 Math Analysis for Business 3 If MATH ACT 24 or SAT 560 or higher, Student must substitute General Education Elective. Cultural Enrichment Cultural Enrichment Electives (one must be 200 level or higher, one must meet race, ethnicity, gender requirement) 9 Social Awareness Elective (non-economics) 3 ECON 221 Principles of Macroeconomics 3 ECON 222 Principles of Microeconomics 3
College of Business Additional General Education Choose one: ECON 321 Money and Banking 3 ECON 331 Labor Economic Labor Relations 3 ECON 431 Economics of Public Finance 3 Choose one: COMM 221 Small Group Decision Making 3 COMM 310 Nonverbal Communication 3 COMM 332 Persuasive Speaking 3 Minimum credit hours required for Accountancy/Finance Bachelor degree 135 Be sure to evaluate the requirements for any professional certification with the appropriate state board. Accountancy and Finance students must be able to demonstrate competency in ISYS 105 topics or take ISYS 105.